Toucies Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08824901 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 23 December 2013 to 31 December 2014

for

Toucies Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

I.F. Hurford

Mrs. C.A. Hurford

REGISTERED OFFICE:

14a Albany Road

Weymouth

Dorset

DT4 9TH

REGISTERED NUMBER:

08824901 (England and Wales)

ACCOUNTANTS:

Advoco

Chartered Certified Accountants

Chartered Tax Advisers

14a Albany Road

Weymouth

Dorset

DT4 9TH

FIXED ASSETS

Intangible assets

2

49,133

Tangible assets

3

5,135

54,268

CURRENT ASSETS

Stocks

9,346

Cash at bank and in hand

2,644

11,990

CREDITORS

Amounts falling due within one year

66,034

NET CURRENT LIABILITIES

(54,044

)

TOTAL ASSETS LESS CURRENT LIABILITIES

224

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

124

SHAREHOLDERS' FUNDS

224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6 July 2015 and were signed on its behalf by:

I.F. Hurford - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

53,057

At 31 December 2014

53,057

AMORTISATION

Amortisation for period

3,924

At 31 December 2014

3,924

NET BOOK VALUE

At 31 December 2014

49,133

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

5,600

At 31 December 2014

5,600

DEPRECIATION

Charge for period

465

At 31 December 2014

465

NET BOOK VALUE

At 31 December 2014

5,135

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary A

£1.00

50

50

Ordinary B

£1.00

50

100

The following shares were issued during the period for cash at par :

50 Ordinary A shares of £1.00

50 Ordinary B shares of £1.00